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in response from israel, a truce has been announced between hamas and the jewish state, hamas launching more than 1300 rockets to southern israel last width. -- wednesday, 5 people kill. 200 wounded. >> israel retaliating with more than 2000 targeted airstrike, israeli defense ministry confirming 19 hamas senior come centers, and 30 op practicetives, and funnelling tunnels were destroyed much operation pillar of defense lasting 8 days, and conflict coming to an end for the time being, a ceasefire com commencig just a few hours ago that the prime minister be benjamin thate nat warns needenetanyahu warnin. >> the army is ready when needed. the state of israel has to try to achieve a ceasefire which will be continuous. >> tha netanyahu added he agreeo give the ceasefire a chant after speaking with president obama. secretary of state clinton announced the ceasefire at a joint press conference with the egyption foreign minister, secretary clinton praised egyptian president, and muslim brotherhood member morsi for brokering the mosque. that is considered a terrorist organization by the u.s. govern
to play what was essentially a political role. lou: israel, gaza, egypt, and ron, american foreign policy. will we ever get the facts on what happened in benghazi? we are joined next. ♪ lou: the white house today said president obama is not particularly concerned whether susan rice misled americans on the attack. press secretary fired back when asked whether the president recognizes the way information about benghazi has been handled and whether that raises serious questions. >> not particularly concerned about whether the ambassador or i went out and talk about the fact we believe extremists might have been irresponsible and whether we named them as terrorists or not does not -- no, it does not have any bearing on what happened and who is reeponsible as that investigation was continuing in benghazi. lou: you have to give this white house credit, i must say. i won't go into but we have to give them credit for, but ambassador susan rice failing to ease criticism again following meetings with senator susan collins and bob corker. joining us now, pulitzer prize-winning journalist, fox is c
, the latest from israel s rocket attacks continued on both sides of the gaza border. a colete update on the rising tensions. in a moneyline tonight, stocks ending the week on a positive note. posting the biggest gains today since election day on optimism that our leaders in washington will reach a deal to avoid a fiscal clef. the dow jones industrial rick breaking a four day losing streak. s&p up six and a half. nasdaq bros -- rose 16. the s&p down one and half percent. the nasdaq six week losing stak, the longest in almost four and a half years. four and a half years. and economic news, hrricane sandy took a toll on industrial production. it fell fortunes of a percent. economists expecting a two tenths of a percent increase. the yield on a ten year treasury note moving down. crude-oil prices down selling at $86.67 per barrel. and in corporate news, though losing more than 7% in its share price after reporting late yesterday, quarterly earnings fell by nearly 50%. good news for facebook. that stock up more than 6%. the social network share is holding up despite the expiration of some
economy. you look around the world, australia, canada, england, israel, there are lots of countries that don't have anything close to what we have in terms of preferences in the tax code yet they have the same rates of homeownership. liz: i hear you. i hear you. let me jump in for a minute. dan makes a fantastic point, a couple of them. one of them by virtue putting this deduction out here we're making a value judgement about encouraging it. government says homeownership is great. it hasn't been great for a little while. a lot of people got hurt in the market because the government was telling people to rush in. maybe they create distortions with this type of thing. >> of course the government's best job they create distortions in the marketplace. i agree with you and our other guest we need to reduce those deductions make much simpler, much fairer tax code and completely eliminate those entirely. that would make sense. that would allow everyone to understand what they're paying. would put more cash in the pockets of americans, could ramp up spending an investment and get small busi
in the face to the u.s. and israel and two of only 9 companies to vote against the new palestinian resolution. 138 countries voted in favor of giving palestinian the upgraded status and what happens now? the question, are we going to give them money for this upgraded status? let's ask john boulton, former u.s. ambassador to the united nations. he joins us on the phone. it's very simple, ambassador, are we going to be paying for palestinian? >> well, i think it's going to come in very short order, this vote won't do it, but, you know, this is part of the effort by the palestinian authority over the years to pretend that it's actually a state, and to justify more assistance, i think it will try and use u.n. channels more effectively to get money and may well join other u.n. specialized agencies now that the general assembly said it's the state. ab you know, israel and the state department have tried to play down yesterday's vote, but i'm afraid unlike a lot of u.n. votes which truly are completely meaningless, this one is going to have a real effect. >> ultimately i've got about 20 seconds left
, 18,500 jobs thereabouts gone. a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go.  >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the company they work for, a contractor for the airport broke the union and took away health insurance and demonstrating. and protests planned at o'hare in chicago. a new company providing custodial services there, nonunion, protests. and a strike, and another one at the port in portland. and a huge protest planned at one thousand wal-mart stores on friday. workers angry about wages and benefit and threaten to tie up wal-mart parking lots on what is a crucial shopping day and hostess, the bakers union refusing to make a deal and now the company is going to be liquidated. yes, it is,
to the united states and israel. in part it is intended to intimidate the obama administration, but look. efforts to shoot down on an aerial vehicles, the drills, the continued progress of the iranian of their weapons program of go to show that they are not being slowed down by the sanctions. they have no intention of giving up their nuclear ambitions. if you do not like these actions now, imagine how much more difficult it will be to deal with once it gets nuclear weapons. lou: benghazi, open hearings scheduled for next thursday. are you hopeful that the american public will learn something more and sensitive about what happened and why the u.s. government did not do more to save the lives of four americans. >> surely we should have learned more about this before the election, will we are definitely going to learn more after. this story will not go away. we will finally get some clarity lou: you get the last word. >> well, i think the administration is still going to try and stonewall. we know that a number of cables %-have been pulled out under the guise that there is an investigation
sales came in this morning and prices were quite depressed. the military strike from israel, how precise it is. speaker there you go, middle east. melissa: thank you so much. lori: stocks down 80 points before the president speaks to make a case for higher taxes. nicole petallides on the floor of the new york stock exchange with more. nicole: higher taxes are something to mull over. a lot of people on wall street have postelection blues, and now fiscal cliff blues. look at the major market averages down 81-point head of the president's speech, the tech heavy nasdaq has moved into correction territory. let's take a look at two retailers. abercrombie and fitch and theirr aeropostel. they had strong sales abroad, strong margins. talk about the u.s. with healthy growth outlook there as well. and they look at aeropostle. they bought the online retailer would've just went onto from where our self with it. back to you. the one breaking news. melissa: house subcommittee reports blaming the corzine position in the blast, headlines hitting right now. the representative choice sealed mf global fait
that attack, and the rockets are still flying, air strikes between israel and the gaza strip are continuing and all of that keeps goingen israeli prime minister says his country is quote, prepared to expand the operation and others say that a ground invasion is a strong possibility if hamas doesn't stop firing rockets. hamas has responded saying, quote, the occupation has opened the gates of hell. this has had a direct impact on the price of oil. it's up, not much. it's up a little, but the down trend that we saw recently appears to have come to an end. 86 bucks for oil. as for gold, no real impact there at all. the nine inflation figures, gold 1721 per ounce. president obama defended u.n. ambassador susan rice's explanation for the benghazi. >> for them to go after the u.n. ambassador who had nothing do with benghazi, and making a presentation based on intelligence she had received and to besmirch her reputation is outrageous, should i choose, if i think that she would be the best person to serve america, in the capacity, the state department, then i will nominate her, that's not a determi
Search Results 0 to 15 of about 16 (some duplicates have been removed)